Sharpie, looks like the SLW Daily MACD is about to cross over and start heading up where as the RSI is showing a half way up point. For yourself, which do you find to be more of an accurate indicator for price direction?
Cowboy, I think you just pick one and get good at using it. I like rsi, on any time scale when it pops up past 50 or moves below 50, price usually follows. Look at SPY on the daily! When price moves up and RSI don#$%$ indicating V of 5. 179.5 on Sq of 9 is resistance for SPY. So we near a top. Using trendlines and B Bands on rsi often works. Nothing works without being noticed, so I watch EW, Gann levels, Fib extentions with rsi to confirm or disprove what I think I am seeing from the other TA. Support levels from prior price should line up with Gann and Fib points, sometimes look at pivot points, 10 min, 1 hr, daily, 2 day, weekly and monthly , even yearly, someone said we are at R3 on the yearly, tough level to break !! . Need to make a checklist, as I forget to check everything every morning pre market.